Capital One Financial Co. (NYSE:COF) Receives Average Rating of “Hold” from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have been assigned a consensus rating of “Hold” from the seventeen brokerages that are presently covering the company, MarketBeat.com reports. Nine research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $182.88.

COF has been the subject of a number of analyst reports. Evercore ISI raised their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Citigroup assumed coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Royal Bank of Canada boosted their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Finally, Barclays upgraded shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $158.00 to $219.00 in a research report on Monday, January 6th.

Capital One Financial Trading Down 2.8 %

Capital One Financial stock opened at $175.08 on Wednesday. The business has a 50 day moving average price of $182.88 and a two-hundred day moving average price of $158.89. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial has a 12 month low of $123.23 and a 12 month high of $198.30. The stock has a market cap of $66.75 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.45 EPS. As a group, equities analysts forecast that Capital One Financial will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.37%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 over the last 90 days. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

A number of institutional investors have recently made changes to their positions in COF. Y.D. More Investments Ltd acquired a new stake in Capital One Financial during the 2nd quarter worth $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial during the 3rd quarter valued at about $36,000. Strategic Financial Concepts LLC bought a new position in shares of Capital One Financial during the 2nd quarter valued at about $42,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Finally, Eastern Bank bought a new stake in Capital One Financial during the 3rd quarter worth approximately $44,000. 89.84% of the stock is owned by institutional investors and hedge funds.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.